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Sell Hindalco Industries on rise: Bose
This article was posted on Jan 22, 2009 and is filed under Stock Views
Technical Analyst, Rajat K Bose is of the view that one can sell Hindalco Industries on rise.
Bose told CNBC-TV18, “Once again Hindalco Industries is showing considerable weakness and it can move even further down and once one see Hindalco going below Rs 40-39 kind of support level then Hindalco actually might crack in a big way. So, any rallies one get, he/she sell it off or put a stoploss below Rs 39 for the last citadel of Hindalco and get out.”
| Share Price Movement During The Last 12 Months | ||||
| Period | Price | Latest Price | Gain/Loss (Rs.) | % Gain/Loss |
| 3-Days | 50.75 | 43.85 | -6.90 | -13.60 |
| 5-Days | 48.25 | 43.85 | -4.40 | -9.12 |
| 7-Days | 50.60 | 43.85 | -6.75 | -13.34 |
| 15-Days | 57.95 | 43.85 | -14.10 | -24.33 |
| 1-Month | 53.65 | 43.85 | -9.80 | -18.27 |
| 3-Month | 64.35 | 43.85 | -20.50 | -31.86 |
| 6-Month | 129.42 | 43.85 | -85.57 | -66.12 |
| 9-Month | 174.18 | 43.85 | -130.33 | -74.82 |
| 1-Year | 150.67 | 43.85 | -106.82 | -70.90 |
source: Moneycontrol
Tags: calls, daytrading, free calls, intraday, tips
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